Community ideas
btcusdt shortBTCUSDT
SHORT
💎Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
⛔️INSTRUCTIONS 1:
Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss
⛔️INSTRUCTIONS 2:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
EURUSD Will be in bearish direction after Breaking ChannelHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
BTCUSDT On The way to 120KBTCUSDT, Bitcoin-based cryptocurrency, is currently trading at $97,000.
The target price for BTCUSDT is $120,000, indicating significant growth potential.
This represents a potential gain of over 30%.
The coin's price movement is guided by a support and resistance pattern.
BTCUSDT's growth potential is significant, driven by increasing adoption and demand.
Investors can capitalize on this opportunity for substantial returns.
However, market volatility and risks should be carefully considered.
A well-informed investment decision can help maximize gains and minimize losses.
By monitoring market trends, investors can make informed decisions about BTCUSDT.
Start of decline: Below 3707.61
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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(ETHUSDT 1W chart)
As I mentioned in the BTC idea, when the StochRSI indicator is moving, the value of the StochRSI indicator fluctuates when it passes a meaningful point.
Currently, the value of the StochRSI indicator seems to have fallen from the 100 point.
However, if it rises above a certain point, it is possible that it will show the 100 point again.
Also, you can check the exact value when a new candle occurs.
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In the previous idea, I said that the time to buy is when it is below 3438.16.
The reason is that if it goes up more than that, you may feel psychological anxiety due to volatility.
If you bought an altcoin during this buying period, I think it is likely that it is currently at a similar price range or making a profit.
Otherwise, if it is losing money, the coin (token) can be considered a subordinate coin (token).
In other words, it can be seen as being neglected in the market.
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(1D chart)
It has fallen below the HA-High indicator (3831.12).
It has also fallen below the MS-Signal (M-Signal on the 1D chart) indicator.
Accordingly, the key is whether it can be supported near 3644.71 and rise above the M-Signal indicator on the 1D chart, or if possible, above 3831.12.
If not, and it falls, there is a possibility that it will touch the M-Signal indicator on the 1W chart.
Before that,
1st: 3438.16 ~ 0.618 (3548.07)
2nd: 3265.0-3321.30
You need to check if it is supported near the 1st and 2nd above.
When the decline progresses, if the HA-Low indicator or BW(0) indicator is generated, it is important to check whether there is support near it.
In particular, if the HA-Low indicator is generated, it will close the current wave and create a new wave.
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Thank you for reading to the end.
I hope you have a successful transaction.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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HIMS: Another buying opportunity! 88% UpsideCharturday #4: NYSE:HIMS 💊
A top 3 trade/ investment for me right now!
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of Bull Flag and realized $35 MM
-Broke out of CupnHandle and now retesting before we head towards our $48.55 measured move (MM). Already wicked off the area which shows confirmation of a successful retest.
-Sitting on a volume shelf with a lot of room to run!
-At the bottom of our uptrend channel
-Wr% is in an uptrend as you can see with the arrow
Williams consolidation box (WCB) is completely jacked up due to the short attack last month that tanked the stock then the FED FUD this past week alongside the GLP-1 shortage removal decision by the FDA. So yea no stock can hold together a Williams CB during all those massive swings. But, make no mistake these created great buying opportunities IMO!
🔜🎯$35🎯$40
🎯$48⏲️Before 2028
Not financial advice.
Watchlist Breakdown 22/12/2024A quick breakdown of my TOP6 in preparation for next week.
This is not Mark's or the Coaches analysis, so take it with a little distance but I still hope you took value from it and it helped you in preparing next week.
As we move into the festive period a lot of banks will reduce their exposure resulting in much lower liquidity over all asset classes so I'm not too eager to get involved in trades.
Let price and the DXY settle over the next couple of days, stay in your routines, keep the momentum high and be prepared when 2025 starts.
BTCUSD BUY ANALYSIS Hello Traders and investor 👋 what do you think about Btcusd comment your opinion
Current price " 96,000
Btcusd is working above it's support zone
And from this position retracement is possible. i think it's an ideal position for bulls to enter. Currently market's target is to cross the 100000 range then it's target
Will be 1020000 today,
Key points;
Resistance area: 98600, 101000
Demand zone: 100000, 104,0000
Note:
First target: 100,000
Second target:104,000
Kindly support and comment.and follow thanks, 👍
A Deja Vu Moment? 31% Correction to Previous ATH $73KThere’s something about the charts that’s been bugging me lately—definitely leaning toward a bearish bias.
As much as I want to be bullish and for Alt Season to kick off, my focus on Bitcoin is mainly to gauge the pulse of the Altcoin market. But there’s something on the weekly charts that’s hard to ignore.
The Stochastic RSI has turned bearish, signaling a downward bias for Bitcoin’s immediate direction. This could play out as an overall correction that might take another week to play out.
Adding to this, back in November, Bitcoin’s price rejected off the 0.618 Fibonacci level on Bitcoin Dominance. This level marked the peak for Bitcoin dominance in the 2021 bull run. At that time, the stochastic RSI was overbought with a bearish crossover and dominance rejected off the 0.618 Fib level, leading to a 31% correction over two weeks before the market quickly rebounded.
Fast forward to today, we’re at a very similar juncture. Stochastic RSI is overbought and we have rejected off bitcoin dominances 0.618 fib level - Will we see a 31% Correction?
Well! If we were to see a 31% correction from the previous ATH, it aligns almost perfectly with the 0.618 Fib level—hard not to see this as more than just a coincidence.
On top of that, I suspect we’re currently in a Wave 4 correction. However, a pullback to the 0.236 Fib level feels almost too straightforward to me—perhaps too easy.
What do you think? Would love to hear your thoughts!